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Newspaper publisher Heartland files for Chapter 11
Bankruptcy |
2009/12/22 06:05
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Heartland Publications LLC, the owner of 23 daily newspapers and other publications in nine states, filed for Chapter 11 bankruptcy protection on Monday after agreeing with its major lender on a plan to cut the company's debt load by more than half. The privately held company is one of at least a dozen newspaper publishers forced into bankruptcy protection by the recession, which dampened advertising sales in an industry that was already seeing readers and advertisers migrate to the Web. In its filing in U.S. Bankruptcy Court in Wilmington, Del., Heartland reported assets of roughly $134 million and debts of $166 million. Heartland spokeswoman Rivian Bell said the company's top lender, GE Capital, has agreed to reduce what it is owed to $70 million from roughly $111 million. In exchange, the financial-services arm of the industrial conglomerate General Electric Co. would get a 90 percent stake in the company. Bell said the company's largest unsecured creditor, the hedge fund Silver Point Finance LLC, would get the remaining 10 percent ownership stake in exchange for the roughly $44 million it is owed, though Silver Point has not yet agreed to the reorganization plan. Silver Point did not respond to a request for comment.
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Court rejects Polanski move to have case dismissed
Breaking Legal News |
2009/12/22 05:04
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A California appeals court on Monday rejected Roman Polanski's bid to have his 32-year-old sex case dismissed, but cited grave concerns over possible judicial and prosecutorial misconduct. The California 2nd District Court of Appeal announced it had denied the petition, with justices saying they are "deeply concerned" about the probable misconduct by a now-deceased judge and a retired prosecutor who advised him. "We encourage all participating parties to do their utmost to ensure that this matter now draws to a close in a manner that fully addresses the issues of due process and fundamental fairness raised by the events of long ago," the court's opinion stated. While a blow to Polanski's efforts to have the case dismissed and win his freedom from Swiss authorities, the ruling cast serious doubt on how the case was handled. The new focus ignited public passions, with some angrily calling for Polanski to be imprisoned. Others, including some colleagues in the film industry, have advocated for his freedom. The appeals court faulted Polanski for fleeing the country rather than seeking legal remedies at the time. But it also said repeatedly it is time for the case to be over. It raised a number of potential options for Polanski, including seeking sentencing in absentia, but it did not require further action by the trial judge. Polankski is under house arrest at his chalet in Gstaad, Switzerland, fighting extradition. Attorneys for the fugitive director argued earlier this month that misconduct in the case was grounds for dismissal of a charge of having unlawful sex with a minor. They also contended Polanski didn't need to be present to argue for dismissal.
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Ohio governor says he regrets slot machine plan
Political and Legal |
2009/12/22 04:06
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A feisty, yet reflective Gov. Ted Strickland said Monday that his biggest mistake in 2009 was deciding to rely on revenue from racetrack slot machines that were later sidelined by the Ohio Supreme Court. It was one of the most controversial decisions the Democratic governor had to make in a challenging year that stretched government finances to their limit and left Strickland a little battered heading into a re-election campaign. Strickland confronted a collapsed economy, high unemployment, sagging poll numbers, and a botched execution he had to call off about two hours after preparations began. Still, the governor told The Associated Press in a year-end interview in his Statehouse office that he will run for re-election against Republican John Kasich. Strickland rattled off a number of accomplishments, including an overhaul in Ohio's school funding system, changes to the curriculum and an expansion of health coverage. Ohio's devastated budget led Strickland in June to reverse a long-held antigambling stance to call for slot machines at the state's seven racetracks. But the Ohio Supreme Court later ruled that the plan is subject to a referendum by the voters, squelching any chance the machines could raise revenue in time to help the sagging two-year budget. |
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THE KELLY GROUP, P.C.
Legal Marketing |
2009/12/22 02:12
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One of the most renowned litigators in the country, Mr. Kelly has a proven track record in complex civil and corporate litigation nationwide. His clients include some of the most widely publicized victims in recent times, including: Estate of Nicole Brown Simpson
Parents of Natalee Holloway
Estate of Kathleen Savio, ex-wife of Drew Peterson
Estate of Heiress Anne Scripps Douglas
Former Yankee great Joe Pepitone BUSINESS LITIGATION Mr. Kelly handles selected business litigation matters for corporations and/or its officers and directors on matters that are media sensitive and where public perception and reputation are critical. CATASTROPHIC INJURY/WRONGFUL DEATH Mr. Kelly has vast experience in accident cases that result in severe injuries (paraplegia, traumatic brain injury, electrocution, loss of use of a limb or the senses) or wrongful death (either accidental or intentional). These cases usually involve construction sites, motor vehicles, catastrophic accidents, products liability, negligent supervision, negligent security and homicides.
http://www.kellygrouppc.com/index.html MEDICAL MALPRACTICE Mr. Kelly also represents individuals who may have suffered catastrophic injury or loss through the negligence of a nurse, physician, hospital or health care provider |
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NC lawyers try to block release of 2 killers
Court Watch |
2009/12/21 09:23
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The attorney general's office in North Carolina is petitioning the state Supreme Court to block the release of two convicted killers who had been serving life sentences. Lawyers filed their petition Friday, a day after the state appeals court rejected a request to keep Alford Jones and Faye Brown behind bars. If the appeals court order stands, the inmates will go free at 5 p.m. State courts previously sided with the inmates in determining their life sentences were actually defined in the 1970s as 80 years. The inmates say that with sentence-reduction credits, that means their terms are now complete. The state disagrees and says the prisoners should not receive any sentence-reduction credits for good behavior. |
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Settlement reached in farmworkers' suit in Miss.
Breaking Legal News |
2009/12/21 09:21
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A lawsuit filed on behalf of 27 Mexican farm workers against a Mississippi sweet potato operation has been settled. A joint notice filed with the U.S. District Court shows the settlement was reached this past week in the suit against Ryan Alexander and Alexander Farms, located in Vardaman. The workers were employed under the federal H-2 Visa program in 2006. The suit was filed in September 2008 and claimed breach of contract and denied wages. The notice did not give the settlement amount. Attorneys for the plaintiffs and defendant didn't return calls seeking comment about the case. |
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White Conn. firefighters seek back pay, damages
Court Watch |
2009/12/21 09:21
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oup of white New Haven firefighters who won a discrimination case before the U.S. Supreme Court are seeking back pay, damages and legal fees. The high court ruled in June that New Haven officials violated white firefighters' civil rights when they threw out 2003 test results in which too few minorities did well. Fourteen firefighters who sued were promoted this month to lieutenant and captain. Karen Torre, the firefighters' attorney, filed papers last week in U.S. District Court in New Haven arguing the firefighters are entitled to back pay with interest for long-overdue promotions, several categories of damages and attorney fees. The firefighters were subject to "the humiliation and economic hardship of prolonged career stagnancy in a rancorous atmosphere fostered by raw racial divides," she said. Damages will be established at trial, she said. City officials said the Supreme Court ruling is limited to relief for 14 plaintiffs who would have been promoted if the 2003 tests had been certified. Other firefighters who sued and were not promoted reserve their right to challenge the city's position that they were not entitled to promotions but are to damages, Torre said. Bernard Jacques, an employment attorney in Hartford, said the claims could wind up costing New Haven $1 million or more. Cities typically have insurance to cover such losses, he said. "It's going to be tough on the city," Jacques said. "Even a settlement is going to be a large number." |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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